General obligations

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..... gold deposited with the Vault Manager shall be in form and manner as specified by the stock exchange. (3) The Vault Manager shall store the gold only in recognized vaults. (4) The Vault Manager shall ensure the quality specifications of the gold at the time of deposit as per the gold standard. (5) The Vault Manager shall create Electronic Gold Receipt in accordance with regulation 18 . (6) The Va .....

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..... of physical gold with the corresponding record of Electronic Gold Receipts maintained by it and the depositories. (13) In case of any discrepancy between electronic records of the depository and physical gold with the Vault Manager, the Vault Manager shall ensure to resolve the same expeditiously, failing which the Vault Manager shall be liable for such discrepancy. (14) The Vault Manager shall de .....

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..... fied by the Board. (19) The Vault Manager shall have adequate mechanisms for the purposes of reviewing, monitoring and evaluating the vault s systems, procedures and safeguards. (20) The Vault Manager shall ensure delivery of gold to the beneficial owner as per the gold standard. (21) The Vault Manager shall clearly disclose all charges related to its services on its website. (22) The Vault Manage .....

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